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i think the obama administration, the justice department are trying to figure it out because what happened on election day was in washington and colorado it became the first two states in the country and actually the first two political jurisdictions anywhere in the world to decide to legally regulate marijuana like alcohol, so the feds have to figure this out. >> a little like alcohol. i can buy as many bottles of beer as i want. i can only have an ounce of marijuana in washington and in colorado, right? >> that's right. it's important to say, by the way, that what's going to happen this week in washington state and next month in colorado is just going to make it legal to possess up to an ounce in the privacy of your home. you can't go out smoking in public, all this sort of thing. the part -- >> you have to stay in your home really? >> yes. washington is going to be private. not puffing down the street. this is going to be fairly subtle. the part of the laws that say that washington and colorado state governments should set up a legal regulatory system like with alcohol, those don't ente
i think the obama administration, the justice department are trying to figure it out because what happened on election day was in washington and colorado it became the first two states in the country and actually the first two political jurisdictions anywhere in the world to decide to legally regulate marijuana like alcohol, so the feds have to figure this out. >> a little like alcohol. i can buy as many bottles of beer as i want. i can only have an ounce of marijuana in washington and in...
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Dec 5, 2012
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with the obama administration, shift to asia, as a new focus on the u.s. operations. >> it would require us temporarily to throw out the strategy we have so carefully put in place in the past year as something to avoid. >> the d.o.d. promises that the salary of the department 3 million civilian and military employees would be exempt from cuts. staffing them would not be. bret? >> bret: doug, thank you. one of the suggestions discussed for increasing revenue involves limits on tax deductions as you heard in ed henry's piece. that brings us to the issue of charitable giving and whether the limits on write-offs would limit people's willingness to write checks. here is chief national correspondent jim angle. >> more than 200 representatives of charitable organizations from across the country came to washington today. to urge lawmakers to be careful not to hurt charity in search for revenue. >> for every dollar a donor receives in tax relief the public receives $3 of benefit. no other tax benefit generates that positive public impact. >> as they fanned out acro
with the obama administration, shift to asia, as a new focus on the u.s. operations. >> it would require us temporarily to throw out the strategy we have so carefully put in place in the past year as something to avoid. >> the d.o.d. promises that the salary of the department 3 million civilian and military employees would be exempt from cuts. staffing them would not be. bret? >> bret: doug, thank you. one of the suggestions discussed for increasing revenue involves limits on...
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Dec 5, 2012
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. >> with just 27 days to go, republicans are not talking with the obama administration and the president is only talking on tv. major garrett is at the white house. good morning. >> reporter: good morning, charlie and norah. yesterday at the white house there were vague references to conversations about the the fiscal cliff with congress iion republicans. i can confirm this morning through my sources here at the white house and on capitol hill that there were no substantive conversations or negotiations yesterday at all. no formal e-mails, to conversations, nothing. house speaker boehner's countdown led to the lighting of the capitol hill christmas tree last night. >> three, two, one. >> reporter: but washington is counting down this month to the dark unknown of the fiscal cliff. >> thanks for having me. >> reporter: on his first view sbr interview on the fiscal cliff, he rejected john boehner's proposal. >> unfortunately the speaker's proposal is out of balance. >> reporter: raising taxes on households earning more than $250,000. >> we'll have to see the rates on the top 2% go up. we're
. >> with just 27 days to go, republicans are not talking with the obama administration and the president is only talking on tv. major garrett is at the white house. good morning. >> reporter: good morning, charlie and norah. yesterday at the white house there were vague references to conversations about the the fiscal cliff with congress iion republicans. i can confirm this morning through my sources here at the white house and on capitol hill that there were no substantive...
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we're hering so far a measured response from the obama administration. >> secretary hillary clinton says it calls for ugt talks between president morsi. >> we have expressed that repeatedly over the last weeks. because almost two years ago, the egyptian people took to the streets because they wanted real democratic change. and they, therefore, not the americans, or anyone else, deserve a constitution that protects the rights of all egyptians. >> future could depend on how the situation plays out and if president morsi chooses democracy or dictatorship. >> i spoke about that with a guest. >> you met with high officials at the state department, the u.s. still provides egypt with economic and military assistance, about $1.3 million a year. hundreds of millions in economic aide, did they race that issue with you? there was concern that if president morsi continues to move in that direction, the u.s. assistance could be in trouble. >> i think it's important for the united states than it is for egypt. it's mutual interest and mutual benefit. and the relationship is depending on the relationshi
we're hering so far a measured response from the obama administration. >> secretary hillary clinton says it calls for ugt talks between president morsi. >> we have expressed that repeatedly over the last weeks. because almost two years ago, the egyptian people took to the streets because they wanted real democratic change. and they, therefore, not the americans, or anyone else, deserve a constitution that protects the rights of all egyptians. >> future could depend on how the...
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Dec 5, 2012
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the black rock ceo said he's not seeking a job in the obama administration. fink has been rumored as a potential candidate to replace timothy geithner. he says he wishes the media would believe he doesn't want the job and plans to stay at blackwell as long as the board wants him. >>> negotiations have reached a deal to end the eight-day strike of the ports of los angeles and long beach. striking clerical workers and longshoremen who refuse to cross picket lines will be back on the job later. shippers and the union agreed to federal mediation on tuesday. the clerks have been working without a contract for two years. the strike shut down ten of the port's 14 terminals, backing up several ships waiting to off load their cargo. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll have the very latest from cairo when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is t
the black rock ceo said he's not seeking a job in the obama administration. fink has been rumored as a potential candidate to replace timothy geithner. he says he wishes the media would believe he doesn't want the job and plans to stay at blackwell as long as the board wants him. >>> negotiations have reached a deal to end the eight-day strike of the ports of los angeles and long beach. striking clerical workers and longshoremen who refuse to cross picket lines will be back on the job...
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Dec 5, 2012
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the obama administration has basically -- basically, they are tony blair to george w. bush's margaret thatcher. they have said, we have to keep 98% of the bush tax cuts in place for the betterment of the economy. >> it's so much bigger than that. >> they have won. >> republicans won. >> we have won. tax breaks. >> so to give a couple of percentage points to 2% of people. >> it could be so much bigger because the conversation has been shifted to how do we reduce our deficit. >> brian sullivan, thank you so much. greatly appreciate your insights. thanks for being with us on "way too early." you can catch brian on cnbc's "street signs" at 2:00 p.m. he is the hardest working man in show business, or at least on the other side of the river. >>> coming up this morning, we've got republican senator tom coburn. can't wait to talk to tom. also, tom cole will be here on set. that's great. we're going to ask him what he was thinking last week. i'm joking. congressman. also, democratic senator claire mccaskill. can you believe this? and congressman chris van hollen. also, we're go
the obama administration has basically -- basically, they are tony blair to george w. bush's margaret thatcher. they have said, we have to keep 98% of the bush tax cuts in place for the betterment of the economy. >> it's so much bigger than that. >> they have won. >> republicans won. >> we have won. tax breaks. >> so to give a couple of percentage points to 2% of people. >> it could be so much bigger because the conversation has been shifted to how do we...